Legal & General mortgage club appointed representatives, and selected directly authorised members, will have access to a 4.99% lifetime tracker. While Mortgage Intelligence, Mortgage Next ARs and selected DA members will have access to a 4.95% 2-year tracker. Both products are available at 75% loan to value.
Martyn Smith, head of mortgage products at L&G said: “Precise Mortgages has developed a fantastic exclusive that we are pleased to be distributing. This is excellent news for the mortgage market providing yet more choice and competition.”
And Sally Laker, managing director of Mortgage Intelligence Holdings added: “We are pleased to offer our members even more product choice with this attractive new exclusive from Precise Mortgages. With product availability still limited it is a real coup to have access to this deal from one of the market’s newest entrants.”
Alan Cleary, managing director at Precise Mortgages said he was pleased to be able to widen the lender’s range of products. He said: “We’ve remained controlled in bringing more products to the market but we know these additions to our range will further allow us to do our bit in helping mortgage market recovery.”
